B2026

Part A: Business and Commerce Specified Study (8 Units)

This part is quite easy to understand, but there are a couple of steps to look out for.

First, choose your first major.

If you are planning to study an Accountancy major, your 8 units in Part A will look different from those who are planning to study a major other than Accountancy

Second, you must take these seven core units:

Most of these units have a “1000” code indicating that they are first-year level units, except for ACW2220 that has a “2000” code indicating a second-year level unit. So, you should take these seven units in your first year of study (that is, the first two semesters of study). You must take at least three 1000 level units before taking a 2000 level unit.

You will notice a couple of things about this list.

Finally, you must take one “capstone” unit:

So far, we have only covered 7 units in Part A. You must take one more “capstone” unit to complete Part A.

You have undertake the capstone units because you are provide an advanced education experience that integrates the different elements of the degree. You will see that these are all 3000 code units, so you should take this unit in your final year of study. Once again there is a special rule for Accountancy students: they don’t have a choice of capstone and must study ACW3900 Global issues in accounting.

Part A summary

Seven first-year units + one third-year capstone unit = 8 units.

Part B Business Listed Major (8 units)

In Part B you must complete what we call a “major”. A major is a set of eight units that concentrate on a single area of study. You can choose your major from the following list:

• Accountancy
• Applied economics
• Banking and financial management
• Business analytics
• Digital marketing
• Econometrics and business statistics
• FinTech
• International Business Management
• Management
• Strategic Marketing
• Business and Commerce Studies (cannot be taken as a second major)

Each major has its own set of rules. You need to make sure that you follow the rules so you can count the major in your degree. If you don’t follow the rules of the major you won’t be able to graduate after three years.

It sounds complicated, but it’s not really. Majors have two different components.

• A “core” of compulsory units. All the majors in the degree have a core of compulsory units that you must study to complete the major. For some majors, the core is large: all eight units, so in these majors you have no choice, you must study all eight units in the list.

• Additional units. Some, but not all, majors have additional units, on top of the core. There is a list of additional units from which you can choose some, to complete the eight unit major. For example, if there are 5 compulsory core units, you will have to choose three additional units from the list. If there are 6 compulsory core units you will have to choose two additional units from the list. And, as we said in the point above, if there are 8 compulsory core units there is no list of additional units. Sometimes the list of additional units will have a mini-rule like “you must choose at least one 3000 level unit from the list.”

Sometimes students find it hard to decide which units in the additional unit list to study. To help you decide, read the unit descriptions (just click on the unit code to take you to the link). You may also find it useful to get the views of other students who have already taken some of the units. And you can always ask questions in our briefing sessions. It's your choice, so you need to do some research to help you decide.

If you look at the unit lists for the majors, you will notice that some of them have a special surprise: they include one of the 1000 level units you have already studied in Part A. That means you have already completed one of the units in the major. Congratulations! Does that mean that you only need to complete seven more units? Not quite, you have to pick up one more “additional” unit from the degree so that in Part A and Part B combined you have a total of 16 units.

Part B summary

You must complete one major = 8 units.

Part C: Free Elective Study (8 Units)

This is the most adventurous part of the Bachelor of Business and Commerce because the choice is yours! Here you have 8 units of “electives'' which means that you can choose what you want to study. Let’s discuss some of the common choices that students make:

• Another major from the Bachelor of Business and Commerce.
  Many students study a second major so that they can graduate with a “double major”. If you want to do this, you need to plan early so you can start studying the units from your second major early. If you study a second major you need to follow the rules of the major as explained above.
  
  In your second major you may also find there is a 1000 level unit that you have already studied in Part A. You may also find that there is another 2000 or 3000 level unit that you have already studied in your first major. Because you have already completed these units, they become free electives in Part C: you can take any unit you want to fill these elective slots.

• A minor (or two minors) from the Bachelor of Business and Commerce
  You can also take a minor, or two, from the Bachelor of Business and Commerce. A minor is a set of 4 units that concentrate on a single area of study. You can choose your minor from the following list. Of course, you cannot take a minor in the same area of study as your major.
  
  You may find that your minor has a unit (or even two) that you have already studied in your first major. Because you have already completed these units, they become free electives in Part C: you can take any unit you want to fill these elective slots.
  • Accountancy minor
  • Applied economics minor
  • Banking and financial management minor
  • Business law and taxation minor
  • Business analytics minor
  • Digital marketing minor
  • Econometrics and business statistics minor
  • FinTech minor
  • International Business Management minor
  • Management minor
  • Strategic Marketing minor
  • Sustainability minor

• Free electives
  You can use the units in Part C as “free electives”. That means that you can take any Monash units, provided you meet any pre-requisite requirements or other limitations (such as enrolment caps). If you take a minor, you can combine a minor with four free electives. When you are choosing free electives you need to check that you don’t break two important degree rules:
  • You can only count ten 1000 level units in your degree (including the 7 you have completed in Part A and any additional 1000 level units in your major).
  • You must complete at least a total of six 3000 level units.

Part C summary

You must complete 8 additional units. This could be one major, or two minors, or a minor plus four free electives, or eight free electives.

Special Advice for students who want to complete an Accounting Major

Part A. Business and Commerce Specified Study

You have to complete 8 units in Part A. In your first year, you will be completing these 7 core units:

• ACW1120 - Financial Accounting 1
• ACW2220 - Management Accounting 1
• BFW1001 - Foundations of finance
• BTW1042 - Business Law
• ECM1953 - Principles of economics
• ETW1001 - Introduction to Statistical Analysis
• MGW1010 - Introduction to Management

In your third year, you are required to complete 1 capstone unit: ACW3900 Global Issues in Accounting.

Accountancy students who plan to pursue Applied Economics as their second major must complete ECW1101 Introductory microeconomics and ECW1102 Introductory macroeconomics instead of ECM1953 Principles of Economics.

Part B. Business Listed Major

To gain a major in Accountancy, you need to complete these 8 units:

• ACW2120 Financial Accounting 2
• ACW2420 Accounting Information Systems
• ACW3120 Financial Accounting 3
• ACW3220 Management Accounting 2
• ACW3620 Assurance and Audit Services
• BFW2140 Corporate finance 1
• BTW2213 Malaysian Company Law
• BTW3153 Malaysian Income Tax Law

The BBusCom course is accredited by ACCA (the Association of Chartered Certified Accountants), CAANZ (Certified Accountants Australia and New Zealand) and CPA (Certified Practising Accountants). To be exempted from some modules set by these professional bodies, you must complete all the units in the Accountancy major.

Special Note: for Accounting students going for exchange: Students wishing to get professional bodies accreditation are highly advised to NOT enrol for Accounting units while going for Global Intercampus Program or the Inter-university Exchange Program. All accounting units should be taken in Monash University Malaysia to ensure the unit codes match the Monash University Malaysia's unit codes already approved by these accreditation bodies.

Part C. Free Elective Study

There are a number of different options for Part C of the degree. They are summarized here.

Accountancy students who plan to pursue Applied Economics as their second major must complete ECW1101 Introductory microeconomics and ECW1102 Introductory macroeconomics instead of ECM1953 Principles of Economics in Part A.

How will my unit/major selection impact on my exchange program

During your course, you can opt to study a semester or two at any one of Monash's partner universities or study at a Monash campus in Australia for one semester.

You are encouraged to plan for this early in your course, preferably in your first semester, as you will need some flexibility in your course structure if deciding to study in Australia or a partner university.

Studying at a Monash Australia campus is the most convenient as you will find that most units you need for your major (or minor) are also offered in Australia. Apart from the Faculty conditions, you would also need to check if the units you need for your major are offered while you are in Australia.

If you prefer to study at a partner university, the choice of units you can take at the partner university will be dependent if you are substituting it with a Monash compulsory core unit, unit contributing to your major, or free elective unit. There are faculty policies in determining how the partner university subjects are assessed and approved:

• For compulsory core units, an equivalency assessment will be made where the partner university subject will need to share an 80% or greater overlap in learning outcomes, content and assessment.
• Units required for your major offers some flexibility in equivalency assessment and will be determined by the Faculty. This will be approved if the partner university subject is judged to have sufficient equivalent content and equates to six Monash credits on its own or in combination with another host subject.
• The most frequently used type of unit by students who exchange to a partner university are free electives. These units offer flexibility in your choice of study while overseas and can be anything judged suitable for credit at an appropriate learning volume.

Regardless of your study abroad location of choice, you will find that a single major offers greater flexibility in your course plan as you will have more ‘free electives’ to undertake while overseas. The choice is ultimately yours and we encourage you to plan early.